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NVDA
210.96
-0.59% (-1.25)
Market read
The selloff was concentrated in tech and AI-chip-linked names (Nvidia, Meta, SpaceX, SK Hynix) rather than spread evenly across the market, since the Dow held roughly flat. That pattern can keep pressure on Nasdaq-listed growth and semiconductor stocks while leaving broader large-cap industrials relatively insulated.
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US stocks closed lower Thursday, with the Nasdaq down 2.6% and the S&P 500 down 1.2% while the Dow edged up; tech names were hit hard, including Nvidia down 4.4%, Meta down nearly 7% and SpaceX down 9%.
The selloff was concentrated in tech and AI-chip-linked names (Nvidia, Meta, SpaceX, SK Hynix) rather than spread evenly across the market, since the Dow held roughly flat. That pattern can keep pressure on Nasdaq-listed growth and semiconductor stocks while leaving broader large-cap industrials relatively insulated.
Reuters·10/20, 10:45 PM
FinancialJuice·10/21, 02:42 AM
Low impactZeroHedge·10/19, 11:14 PM
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